Growth in the battery industry in the United States is outstripping that in other manufacturing sectors. According to data gathered by IndustryNet, in the past year from all companies reporting manufacturing, average growth rates in both employment and sales have been static.
Meanwhile, battery companies experienced increases in both metrics. New battery technology has played a significant role in promoting this expansion. While Tesla, Inc. is a well-publicized example, there are several other top battery manufacturers leading innovation and growth within the industry.
Battery manufacturers and renewable energy sources
The lithium battery has played an essential role in spurring on the green revolution. One company at the forefront of this leap forward is Universal Power Group (U...(Full Article)

The battery industry is all charged up, although prices are down currently in response to low lead and metal prices. However, the industry is expected to grow as domestic automobile manufacturers escalate their demands, the rechargeable battery sector expands, and new battery technology helps drive the sector forward.
New battery technology driving industry growth
Technological advances are playing into industry strengths: the demand for electric vehicle (EV) batteries is exploding as both domestic and foreign car builders signal their transition away from fossil fuels.
Tesla's Elon Musk is underscoring his commitment to solar energy stored in long-life batteries and his "Gigafactory," a 4.9 million-square-foot-battery production facility located in Nevada, is already producing mo...(Full Article)

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